31 March, 2014

WEEK IN REVIEW: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS IN PALO ALTO”

We had 15 new listings of single family homes in Palo Alto last week as oppose to 14 the week before. 15 listings changed status to pending last week as oppose to 7 the week before and 5 listings  closed escrow last week as oppose  7  the week before.

All listings sold significantly above the asking price.

The inventory is very low.  The market remains a seller market.

If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.me to discuss a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active : 8
Pending : 15
Sold : 5

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
4
3
0
5
5
1
3
2
1
5
4
0
4
4
0
3
2
0
3
1
0
3
3
0
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
2
1
1
7
6
1
4
3
0
4
2
0
1
1
0
810
4
3
0
3
2
0
4
3
0
3
1
0
6
6
0
4
3
0
6
2
2
2
1
0
925
8
7
2
4
3
0
SOLD LISTINGS:

Address
Area
BR
FBA
PBA
4
3
0
3
2
1
4
3
0
5
3
0
3
3
0

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